3 Tools to Bring Your Business to the Modern Age

Today’s businesses no longer rely on stacks of papers stored in
filing cabinets. New tech tools have allowed brands to become more agile and
efficient than ever before. If you don’t want to get left behind, your company
should make the adoption of digital software a key priority. Whether you wish
to save money with a B2B Gateway or automate data
input with customer resource management software, there are plenty of tools
that can make a big difference.

1.
EDI

Electronic data interchanges (EDIs) help businesses manage a wide
range of B2B tasks that would traditionally require a lot of paperwork. Data is
transmitted between organizations covering items such as purchase orders,
shipping manifests, and invoices.

By digitizing this information, companies are saved the hassle
and expenses associated with organizing and distributing paper documents. Many
EDI tools also allow for automated data entry that carries information between
partners. This prevents manual data entry errors that often happen when
information must be resubmitted by another organization.

By speeding up the transmission of purchase orders and other
vital B2B reports, business cycles become more streamlined and efficient,
ensuring that companies always have the third-party products they need.

2.
ERP

Enterprise resource planning (ERP) software seeks to consolidate
data entry for several different departments under one roof. For example, ERP
modules may include categories such as finances and accounting, supply chain
management (including management and order processing), and human resources.

ERP programs allow crucial data to be shared across departments.
This eliminates the need for a double entry of key data. By ensuring that each
department has reliable, up-to-date information, employees will be able to
operate more efficiently, increasing productivity and reducing the potential
for manual error.

3.
CRM

Customer relationship management (CRM) software can go a long way
in improving a brand’s relationships with its customers. Using data collected
from prior customer interactions, this software uses data analysis to help
sales teams improve sales and retention.

CRM will analyze all avenues that a customer has used to interact
with the brand, including emails, phone calls, website visits, and more. Data
analysis gives sales teams greater insight into their customers and a better
understanding of the target audience as a whole. This in turn makes it easier
to address the individual needs of each customer.

Conclusion

The right tech can completely transform the way you run your
business. By implementing tools that automate mundane office tasks, reduce the
risk of human error, and even streamline communications with customers and
vendors, you will be able to maximize brand profitability like never before.